Articles

AMA with Dyma Budorin CEO Hacken — 09.06.21

ZwijBerg — Community Management, [09.06.21 18:02]

Great lets get started 😄 We have two type of questions. A set of questions from Zwijberg and a set of questions from our community. We will start with the Zwijberg questions.

Dyma Budorin | Hacken CEO, [09.06.21 18:02]

Let’s do it

ZwijBerg — Community Management, [09.06.21 18:03]

What will cross chain mean for crypto and specifically for Hacken?

Dyma Budorin | Hacken CEO, [09.06.21 18:03]

Basically it is an infrustructure of new money world

Dyma Budorin | Hacken CEO, [09.06.21 18:04]

My vision is that every blockchain protocol is like a giant bank

Dyma Budorin | Hacken CEO, [09.06.21 18:04]

With its own ecosystem and projects

Dyma Budorin | Hacken CEO, [09.06.21 18:05]

Just like in current financial system banks cooperate between each other through opening corresponding accounts

Dyma Budorin | Hacken CEO, [09.06.21 18:05]

Blockchain protocols are exchanging data with cross chain solutions

Dyma Budorin | Hacken CEO, [09.06.21 18:05]

Crypto tokens should not be limited just to one blockchain protocol

Dyma Budorin | Hacken CEO, [09.06.21 18:06]

And should be easily swapped between different chains

Dyma Budorin | Hacken CEO, [09.06.21 18:06]

The only important rule here

Dyma Budorin | Hacken CEO, [09.06.21 18:06]

Is to audit the minting rules

Dyma Budorin | Hacken CEO, [09.06.21 18:07]

And maintain the total supply amount unchanged

Dyma Budorin | Hacken CEO, [09.06.21 18:07]

I predict that this is new vector of vulnerabilities

Dyma Budorin | Hacken CEO, [09.06.21 18:07]

When unethical teams will manipulate the supply by becoming “cross blockchains”

Dyma Budorin | Hacken CEO, [09.06.21 18:07]

Please pay attention to it

Dyma Budorin | Hacken CEO, [09.06.21 18:08]

As for Hacken. Yes we will do automatic bridges very soon

Dyma Budorin | Hacken CEO, [09.06.21 18:08]

It is actually ready to be released. Waiting for good momentum

Dyma Budorin | Hacken CEO, [09.06.21 18:08]

That will open few doors for us and our community.

ZwijBerg — Community Management, [09.06.21 18:09]

What a great and detailed answer, im sure everyone is looking foward to learn more about Hacken’s cross chain future

ZwijBerg — Community Management, [09.06.21 18:09]

Will there be more projects launching through Hacken foundation? Will the next projects to be launched have a short sale time or there’ll be more restrictions than before?

Dyma Budorin | Hacken CEO, [09.06.21 18:11]

Yes, sure

Dyma Budorin | Hacken CEO, [09.06.21 18:11]

2 more projects have been announced

Dyma Budorin | Hacken CEO, [09.06.21 18:11]

That will be launched through Hacken foundation

Dyma Budorin | Hacken CEO, [09.06.21 18:12]

It is Purefi and ArtWallet

Dyma Budorin | Hacken CEO, [09.06.21 18:12]

Apart from rapid campaigns for HAPI and DDOS

Dyma Budorin | Hacken CEO, [09.06.21 18:12]

We are not in a very hurry for the sale here

Dyma Budorin | Hacken CEO, [09.06.21 18:12]

Cause this time we have a bit different approach

Dyma Budorin | Hacken CEO, [09.06.21 18:12]

For who we give allocations to in private round

Dyma Budorin | Hacken CEO, [09.06.21 18:13]

I have already teased a bit ToxicList

Dyma Budorin | Hacken CEO, [09.06.21 18:13]

ToxicList is a place where everyone can report a flipper

Dyma Budorin | Hacken CEO, [09.06.21 18:13]

Flipper crypto fund and flipper individual

Dyma Budorin | Hacken CEO, [09.06.21 18:14]

We will collect and make public information about the crypto players who sell their investments the first day

Dyma Budorin | Hacken CEO, [09.06.21 18:15]

In our vision those flippers are the main reasons why we see certain market downtrend

Dyma Budorin | Hacken CEO, [09.06.21 18:15]

Flippers break the trust in crypto communities

Dyma Budorin | Hacken CEO, [09.06.21 18:15]

And we see chain effects

Dyma Budorin | Hacken CEO, [09.06.21 18:15]

When someone constantly sells, other holders also start to sell

Dyma Budorin | Hacken CEO, [09.06.21 18:16]

So for the Purefi and ArtWallet we will get on board only those investors, who sticks to hodl strategy

Dyma Budorin | Hacken CEO, [09.06.21 18:17]

As for the HAI round

Dyma Budorin | Hacken CEO, [09.06.21 18:17]

We do constantly research the best practices from IDO platform

Dyma Budorin | Hacken CEO, [09.06.21 18:18]

I don’t want to disclose all cards

Dyma Budorin | Hacken CEO, [09.06.21 18:18]

But this time we will change the rules for HAI round

Dyma Budorin | Hacken CEO, [09.06.21 18:18]

What I can say now is that

Dyma Budorin | Hacken CEO, [09.06.21 18:19]

In order to get the max benefit from HAI round, the investor will need to hodl for certain period of time to both HAI and Purefi/ArtWallet token

ZwijBerg — Community Management, [09.06.21 18:20]

Interesting to see this approach to combat flippers. I’m sure everyone wants to know all about ToxicList soon.

ZwijBerg — Community Management, [09.06.21 18:20]

What’s the goal with the HackenAI wallet, will it natively support all the Hacken foundation projects?

Dyma Budorin | Hacken CEO, [09.06.21 18:21]

For now HackenAI is mainly used for cybersecurity education and certain operations with HAI

Dyma Budorin | Hacken CEO, [09.06.21 18:21]

Including farming

Dyma Budorin | Hacken CEO, [09.06.21 18:23]

We do want to keep improving its usability for other foundation projects

Dyma Budorin | Hacken CEO, [09.06.21 18:23]

This is our next milestone, after we finish user friendly cross blockchains integration for HAI

Dyma Budorin | Hacken CEO, [09.06.21 18:24]

I want to underline that HackenAI is not just a wallet

Dyma Budorin | Hacken CEO, [09.06.21 18:24]

It is also a gateway to Hacken B2C apps

Dyma Budorin | Hacken CEO, [09.06.21 18:25]

For example you can stake 1,000 HAI and get the 1st level membership at HackenAI

Dyma Budorin | Hacken CEO, [09.06.21 18:25]

And this will unlock free of charge world class VPN service at hackenvpn.com

Dyma Budorin | Hacken CEO, [09.06.21 18:26]

More and more products will be released and available for Hacken members

Dyma Budorin | Hacken CEO, [09.06.21 18:26]

If anyone of you here still pays for VpN — I strongly advice to stop and switch to HVPN

Dyma Budorin | Hacken CEO, [09.06.21 18:27]

In few weeks we will issue special coupons to promote HVPN and 1st level staking

Dyma Budorin | Hacken CEO, [09.06.21 18:27]

Please expect influencers marketing campaigns for it

Dyma Budorin | Hacken CEO, [09.06.21 18:27]

We want substantially increase the number of HVPN users

Dyma Budorin | Hacken CEO, [09.06.21 18:27]

And HAI holders respectively.

ZwijBerg — Community Management, [09.06.21 18:28]

This sounds awesome, Hacken holders will enjoy all the security they need just by holding HAI.

Dyma Budorin | Hacken CEO, [09.06.21 18:29]

The task is to disturb the whole B2C cybersecurity market with this innovative subscription model

Dyma Budorin | Hacken CEO, [09.06.21 18:29]

Lots of work ahead

ZwijBerg — Community Management, [09.06.21 18:29]

What can we expect from Hacken by the end of the year?

Dyma Budorin | Hacken CEO, [09.06.21 18:30]

HGuard

Dyma Budorin | Hacken CEO, [09.06.21 18:30]

HAuth

Dyma Budorin | Hacken CEO, [09.06.21 18:31]

10 HF projects

Dyma Budorin | Hacken CEO, [09.06.21 18:31]

Hacken Scout

Dyma Budorin | Hacken CEO, [09.06.21 18:31]

ToxicList

Dyma Budorin | Hacken CEO, [09.06.21 18:31]

Products for HAPI & Disbalancer

Dyma Budorin | Hacken CEO, [09.06.21 18:32]

Min 5 cross blockchains adoptions

Dyma Budorin | Hacken CEO, [09.06.21 18:34]

HackenProof & CER major updates

Dyma Budorin | Hacken CEO, [09.06.21 18:34]

2021 so far is pretty good year for us

Dyma Budorin | Hacken CEO, [09.06.21 18:35]

We have created sufficient reserves for expansion

Dyma Budorin | Hacken CEO, [09.06.21 18:35]

Right now one of the focus is to find the talents

Dyma Budorin | Hacken CEO, [09.06.21 18:35]

That will help to execute all our plans

Dyma Budorin | Hacken CEO, [09.06.21 18:36]

So if we have here people who is interested to help us

Dyma Budorin | Hacken CEO, [09.06.21 18:36]

Please send your ideas to roadto1bln@hacken.io

Dyma Budorin | Hacken CEO, [09.06.21 18:36]

It is true that sometimes it takes sometime from our side to response

Dyma Budorin | Hacken CEO, [09.06.21 18:37]

But be sure that we keep track on all ideas and everything is properly analyzed

Dyma Budorin | Hacken CEO, [09.06.21 18:38]

Community is the main our stakeholder and our job is to constantly create value and opportunities to you Hacken family.

ZwijBerg — Community Management, [09.06.21 18:38]

Seems like Hacken is always progressing. Even in grim market conditions, that is great to hear. We have a lot to look foward to.

Dyma Budorin | Hacken CEO, [09.06.21 18:39]

Our main task is to grow faster than the market

Dyma Budorin | Hacken CEO, [09.06.21 18:39]

For us the rank in Coingecko matters

Dyma Budorin | Hacken CEO, [09.06.21 18:39]

It is my personal target to get to top50

Dyma Budorin | Hacken CEO, [09.06.21 18:40]

Everyday I wake up and think what shall I do today to get closer to this task

ZwijBerg — Community Management, [09.06.21 18:40]

[In reply to Dyma Budorin | Hacken CEO]

Investors will love this quote!

Dyma Budorin | Hacken CEO, [09.06.21 18:40]

I don’t want to lie or be shy

Dyma Budorin | Hacken CEO, [09.06.21 18:40]

It is true that top50 is priority.

ZwijBerg — Community Management, [09.06.21 18:41]

This is a question I think a lot of people have 😄 When will the ARTwallet/Purefi HAI round sale kick off?

Dyma Budorin | Hacken CEO, [09.06.21 18:41]

I believe in power of community

Dyma Budorin | Hacken CEO, [09.06.21 18:41]

This is the only way

Dyma Budorin | Hacken CEO, [09.06.21 18:42]

I know that some things could be done better from our side

Dyma Budorin | Hacken CEO, [09.06.21 18:42]

But be sure that we are passioned

Dyma Budorin | Hacken CEO, [09.06.21 18:42]

We are quick learners

Dyma Budorin | Hacken CEO, [09.06.21 18:42]
And integrity is our main principle

Dyma Budorin | Hacken CEO, [09.06.21 18:43]
[In reply to ZwijBerg — Community Management]
The plan was to make some noise with ToxicList

Dyma Budorin | Hacken CEO, [09.06.21 18:43]
ToxicList will not have a token or smth

Dyma Budorin | Hacken CEO, [09.06.21 18:43]
But it will be quite loud

Dyma Budorin | Hacken CEO, [09.06.21 18:44]
This is a marketing strategic step

Dyma Budorin | Hacken CEO, [09.06.21 18:44]
To create a positive wave for ArtWallet and Purefi

Dyma Budorin | Hacken CEO, [09.06.21 18:45]
From the other side you never know

Dyma Budorin | Hacken CEO, [09.06.21 18:45]
We keep receiving interesting deals

Dyma Budorin | Hacken CEO, [09.06.21 18:45]
Like lossless

Dyma Budorin | Hacken CEO, [09.06.21 18:45]
You probably heard that few people made a fortune from this deal

Dyma Budorin | Hacken CEO, [09.06.21 18:46]
So yes, you should better always have some spear HAI to invest

Dyma Budorin | Hacken CEO, [09.06.21 18:46]
As I said, core team main task is to constantly create value to HAI holders.

ZwijBerg — Community Management, [09.06.21 18:47]
At what price is the Hacken Sustainable Growth Reserve (SGR) fund set to kick in? (We understand if you perhaps can’t answer this question.)

Dyma Budorin | Hacken CEO, [09.06.21 18:47]
It is always there

ZwijBerg — Community Management, [09.06.21 18:47]
It is dynamic?

Dyma Budorin | Hacken CEO, [09.06.21 18:48]
I think it is not difficult to guess at what level is the major support

Dyma Budorin | Hacken CEO, [09.06.21 18:49]
The reality is that we keep investing funds both in usdt and HAI to support certain levels

Dyma Budorin | Hacken CEO, [09.06.21 18:50]
I will explain why HAI

Dyma Budorin | Hacken CEO, [09.06.21 18:50]
Attracting traders is a job

Dyma Budorin | Hacken CEO, [09.06.21 18:50]
Game theory job

Dyma Budorin | Hacken CEO, [09.06.21 18:50]
And sometimes you need to create market conditions when traders earn

Dyma Budorin | Hacken CEO, [09.06.21 18:51]
For example

Dyma Budorin | Hacken CEO, [09.06.21 18:51]
U put a DOGE sell order at a price of 40cents

Dyma Budorin | Hacken CEO, [09.06.21 18:51]
Someone buys it

Dyma Budorin | Hacken CEO, [09.06.21 18:52]
Than the next sell order is 41 cents

Dyma Budorin | Hacken CEO, [09.06.21 18:52]
You buy this sell order with the funds just recieved

Dyma Budorin | Hacken CEO, [09.06.21 18:52]
In netvalue you have just lost

Dyma Budorin | Hacken CEO, [09.06.21 18:53]
As for the marketcap — you have won

Dyma Budorin | Hacken CEO, [09.06.21 18:53]
Another thing I want to share

Dyma Budorin | Hacken CEO, [09.06.21 18:53]
Position in Coingecko matters a lot

Dyma Budorin | Hacken CEO, [09.06.21 18:54]
Huge difference if you are in top50, top500 or top 1,500

Dyma Budorin | Hacken CEO, [09.06.21 18:54]
I hope your community understands my message.

ZwijBerg — Community Management, [09.06.21 18:55]
I am positive they will understand

ZwijBerg — Community Management, [09.06.21 18:55]
Are you planning to do marketing outside of crypto for HackenAI security tools like hVPN?

Dyma Budorin | Hacken CEO, [09.06.21 18:55]
Oh yes

Dyma Budorin | Hacken CEO, [09.06.21 18:55]
That’s the plan

Dyma Budorin | Hacken CEO, [09.06.21 18:56]
HackenAI will bring lots of new people in crypto

Dyma Budorin | Hacken CEO, [09.06.21 18:56]
HVPN marketing especially

Dyma Budorin | Hacken CEO, [09.06.21 18:56]
So many users pay for VPN

Dyma Budorin | Hacken CEO, [09.06.21 18:56]
And if they know how to use vpn

Dyma Budorin | Hacken CEO, [09.06.21 18:57]
But still are not in crypto

Dyma Budorin | Hacken CEO, [09.06.21 18:57]
Than they are our perfect target audience

Dyma Budorin | Hacken CEO, [09.06.21 18:57]
I am pretty sure that everyone remember their first token

Dyma Budorin | Hacken CEO, [09.06.21 18:57]
That was bought

Dyma Budorin | Hacken CEO, [09.06.21 18:58]
So we do want to be first token for lots of new crypto users.

ZwijBerg — Community Management, [09.06.21 18:58]
I love this kind of vision.

ZwijBerg — Community Management, [09.06.21 18:58]
Will Hacken change the % of tokens burned when a membership is prematurely terminated?

Dyma Budorin | Hacken CEO, [09.06.21 18:58]
In Hackenomics we state that this is flexible

Dyma Budorin | Hacken CEO, [09.06.21 18:59]
We will consider it

Dyma Budorin | Hacken CEO, [09.06.21 18:59]
The main task is to keep the balance

Dyma Budorin | Hacken CEO, [09.06.21 18:59]
Between unstaking community contribution

Dyma Budorin | Hacken CEO, [09.06.21 18:59]
And referral bonus for new stakers

Dyma Budorin | Hacken CEO, [09.06.21 19:00]
We don’t have right to create an opportunity for manipulations

Dyma Budorin | Hacken CEO, [09.06.21 19:00]
But yes, we will play time after time with this numbers, depending on the current needs.

ZwijBerg — Community Management, [09.06.21 19:00]
Thank you for this information! Now onto some questions from our community

Dyma Budorin | Hacken CEO, [09.06.21 19:01]
Let’s do it

ZwijBerg — Community Management, [09.06.21 19:01]
Are there plans to bring the Hacken services to desktop as separate programs or browser extensions? I’m specifically asking for the password manager, which could provide a good value for multi device users.

ZwijBerg — Community Management, [09.06.21 19:01]
(these questions were asked by our community beforehand)

Dyma Budorin | Hacken CEO, [09.06.21 19:02]
[In reply to ZwijBerg — Community Management]
I want to assure that the solution for password manager will be user friendly and effective

Dyma Budorin | Hacken CEO, [09.06.21 19:02]
It is one of the main tasks

Dyma Budorin | Hacken CEO, [09.06.21 19:03]
I see a desktop app as more scalable tool than browser extension

ZwijBerg — Community Management, [09.06.21 19:04]
I love the progression the Hacken team is making on all platforms! I would like to know when the NFT hats in the hackenai app will become functional and when will simplex purchase of HAI be possible in the app?

Dyma Budorin | Hacken CEO, [09.06.21 19:05]
Super good questions

Dyma Budorin | Hacken CEO, [09.06.21 19:05]
NFT hats is my personal baby

Dyma Budorin | Hacken CEO, [09.06.21 19:06]
I was pushing this idea

Dyma Budorin | Hacken CEO, [09.06.21 19:06]
If open a secret, collecting hats is my hobby

Dyma Budorin | Hacken CEO, [09.06.21 19:06]
Every time I travel, I buy a national hat

Dyma Budorin | Hacken CEO, [09.06.21 19:07]
Unfortunately I have to prioritise

Dyma Budorin | Hacken CEO, [09.06.21 19:07]
The dev resources are not unlimited

Dyma Budorin | Hacken CEO, [09.06.21 19:07]
At the moment we have lowered the priority for NFT hats

Dyma Budorin | Hacken CEO, [09.06.21 19:07]
As for simplex

Dyma Budorin | Hacken CEO, [09.06.21 19:08]
As you know it is already working great with Kucoin

Dyma Budorin | Hacken CEO, [09.06.21 19:08]
Things are not moving with the speed I want to

Dyma Budorin | Hacken CEO, [09.06.21 19:09]
Not everything is under our control in this project

Dyma Budorin | Hacken CEO, [09.06.21 19:09]
But of course it is in our priority

Dyma Budorin | Hacken CEO, [09.06.21 19:09]
That’s all I can share now for simplex

ZwijBerg — Community Management, [09.06.21 19:10]
After the succesful strategic partnership between Hacken and Solana, and the building of the HAPI BocaChica launchpad, will we see more similar partnerships and cooperation with other blockchain mainnets!?

Dyma Budorin | Hacken CEO, [09.06.21 19:11]
Successful partnership is when you have a tangible result

Dyma Budorin | Hacken CEO, [09.06.21 19:11]
Hacken and Coingecko is a successful strategic partnership

Dyma Budorin | Hacken CEO, [09.06.21 19:11]
In order to be there with Solana — we need to do lots of things

Dyma Budorin | Hacken CEO, [09.06.21 19:12]
Right now it is the start

Dyma Budorin | Hacken CEO, [09.06.21 19:12]
We are not that type of project that is doing partnership because of partnership

Dyma Budorin | Hacken CEO, [09.06.21 19:12]
All our efforts have reasoning to bring value to Hacken holders

Dyma Budorin | Hacken CEO, [09.06.21 19:13]
So answering the question

Dyma Budorin | Hacken CEO, [09.06.21 19:13]
Let’s have the result here first

Dyma Budorin | Hacken CEO, [09.06.21 19:13]
And then think on other blockchains

ZwijBerg — Community Management, [09.06.21 19:14]
You guys have become a partner/supporting team of VIMworld and this makes me really happy. Two great projects come together. Can you tell us something about how this relationship will work, or the dynamic of the partnership? Jackson Fu told us there might be some cyber security VIMs/NFTs.

Dyma Budorin | Hacken CEO, [09.06.21 19:15]
Jackson played a very important role in Hacken development

Dyma Budorin | Hacken CEO, [09.06.21 19:16]
I wish we can spend more time discussing strategy

Dyma Budorin | Hacken CEO, [09.06.21 19:17]
The reality is that we are both very busy with our projects

Dyma Budorin | Hacken CEO, [09.06.21 19:17]
But for sure we will work out win win cooperations

Dyma Budorin | Hacken CEO, [09.06.21 19:17]
And definitely not just one

Dyma Budorin | Hacken CEO, [09.06.21 19:17]
Jackson is my friend as well.

ZwijBerg — Community Management, [09.06.21 19:18]
Thank you so much for your time and answering all these questions! these were all our questions.